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Canada Life Precious Metals Fund A Series

Precious Metals Equity

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

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Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2023, 2022

Click for more information on Fundata’s FundGrade

NAVPS
(07-23-2024)
$22.02
Change
$0.07 (0.32%)

As at June 30, 2024

As at April 30, 2024

As at February 29, 2024

Period
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Legend

Canada Life Precious Metals Fund A Series

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Fund Returns

Inception Return (July 11, 2013): 10.29%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund -4.61% 9.06% 17.35% 17.35% 21.02% 14.88% 3.31% 2.51% 12.19% 12.69% 10.74% 6.68% 12.63% 8.46%
Benchmark -3.20% 10.12% 12.34% 12.34% 16.21% 11.36% 3.09% -0.96% 9.47% 10.16% 8.73% 4.48% 9.40% 5.38%
Category Average -4.20% 14.38% 14.38% 14.38% 18.65% 13.55% 1.49% 0.92% 10.47% 10.26% 8.45% 4.69% 10.46% 6.83%
Category Rank 69 / 76 56 / 76 22 / 75 22 / 75 24 / 75 27 / 70 36 / 70 24 / 68 23 / 68 21 / 59 22 / 57 21 / 55 19 / 54 18 / 51
Quartile Ranking 4 3 2 2 2 2 3 2 2 2 2 2 2 2

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 5.76% -3.99% -11.29% 4.65% 11.25% -1.66% -7.98% -3.32% 20.94% 6.99% 6.86% -4.61%
Benchmark 3.93% -4.58% -8.01% 6.53% 7.99% -1.44% -8.71% -5.98% 18.87% 7.42% 5.90% -3.20%

Best Monthly Return Since Inception

36.15% (April 2020)

Worst Monthly Return Since Inception

-19.59% (September 2014)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 1.14% -8.28% 66.80% 3.93% -8.17% 42.65% 44.24% -5.61% -9.79% 3.59%
Benchmark -14.81% -17.99% 55.11% 0.96% -3.46% 42.02% 25.38% -7.16% -2.48% 1.85%
Category Average 1.59% -7.69% 59.78% 3.16% -9.27% 36.39% 42.53% -7.32% -10.92% 3.45%
Quartile Ranking 3 3 2 2 3 2 3 3 3 3
Category Rank 31/ 50 37/ 52 15/ 55 27/ 56 38/ 57 30/ 60 44/ 68 39/ 69 42/ 70 48/ 70

Best Calendar Return (Last 10 years)

66.80% (2016)

Worst Calendar Return (Last 10 years)

-9.79% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 59.17
International Equity 30.01
Commodities 4.64
US Equity 4.54
Cash and Equivalents 1.18
Other 0.46

Sector Allocation

Sector Allocation
Name Percent
Basic Materials 90.88
Exchange Traded Fund 2.22
Cash and Cash Equivalent 1.18
Fixed Income 0.44
Other 5.28

Geographic Allocation

Geographic Allocation
Name Percent
North America 65.33
Asia 16.92
Africa and Middle East 10.57
Multi-National 2.22
Europe 1.76
Other 3.20

Top Holdings

Top Holdings
Name Percent
Agnico Eagle Mines Ltd 9.79
Northern Star Resources Ltd 4.91
Barrick Gold Corp 4.70
Gold Fields Ltd - ADR 4.68
Alamos Gold Inc Cl A 3.64
Harmony Gold Mining Co Ltd - ADR 3.53
Gatos Silver Inc 3.46
Karora Resources Inc 3.41
Lundin Gold Inc 3.19
Silvercrest Metals Inc 3.01

Equity Style

Market capitalization is medium. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Canada Life Precious Metals Fund A Series

Median

Other - Precious Metals Equity

3 Yr Annualized

Standard Deviation 31.85% 34.67% 34.20%
Beta 1.04% 1.00% 0.97%
Alpha 0.00% 0.03% 0.03%
Rsquared 0.95% 0.93% 0.93%
Sharpe 0.16% 0.43% 0.36%
Sortino 0.26% 0.73% 0.54%
Treynor 0.05% 0.15% 0.13%
Tax Efficiency 62.51% 80.55% -
Volatility Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10

Risk Rating

Rating 10 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 31.53% 31.85% 34.67% 34.20%
Beta 1.08% 1.04% 1.00% 0.97%
Alpha 0.03% 0.00% 0.03% 0.03%
Rsquared 0.96% 0.95% 0.93% 0.93%
Sharpe 0.59% 0.16% 0.43% 0.36%
Sortino 1.28% 0.26% 0.73% 0.54%
Treynor 0.17% 0.05% 0.15% 0.13%
Tax Efficiency 100.00% 62.51% 80.55% -

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date July 11, 2013
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status -
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $160

Fund Codes

FundServ Code Load Code Sales Status
MAX7833
MAX7933
MAX8033

Investment Objectives

The Fund pursues long-term capital growth primarily by investing directly in precious metals and in equity securities of global companies which produce or supply precious metals. Any proposed change to the fundamental investment objectives of the Fund must be approved by a majority of votes cast at a meeting of the Fund’s investors called for that purpose.

Investment Strategy

The investment approach follows various strategies including: investing in companies expected to increase shareholder value through successful exploration and development; seeking out leading companies that typically have lower costs, lower debt and/or outstanding assets; and reviewing all investment decisions and allowing cash reserves to build up when valuations are unattractive.

Portfolio Manager(s)

Name Start Date
Canada Life Investment Management Ltd. 12-08-2022
Mackenzie Financial Corporation 12-08-2022

Management and Organization

Fund Manager Canada Life Investment Management Ltd.
Advisor Canada Life Investment Management Ltd.
Custodian -
Registrar -
Distributor -
Auditor -

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 25
PAC Subsequent 25
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 2.60%
Management Fee 2.00%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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